Lefroy Exploration Ltd. (AU:LEX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Lefroy Exploration Ltd. has increased its near-surface gold resource at the Mt Martin Project to 439,000 ounces, a 13% rise from previous estimates. The company’s success is attributed to the inclusion of 29 additional drill holes, leading to significant gold intersections and indicating potential for further resource expansion. Strategically located in Western Australia’s Eastern Goldfields, Mt Martin benefits from existing infrastructure and the project contributes to Lefroy’s total gold resource base growth to 1.1Moz.
For further insights into AU:LEX stock, check out TipRanks’ Stock Analysis page.